Current Affairs

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India, ADB sign $200-million loan agreement for upgrading rural roads in Maharashtra

India and Asian Development Bank (ADB) signed 200-million dollar loan agreement for upgrading rural roads in 34 districts of Maharashtra with the objective of improving road safety and...

September 10, 2019

Government inks $85 Million Loan Agreement with ADB for Odisha Skill Development Project

Union Government (Ministry of Finance) and Asian Development Bank (ADB) has signed $85 million loan agreement for Odisha Skill Development Project. It aims to improve the skill development...

December 4, 2018

India and ADB sign $200 Million Loan to improve State Highways in Bihar

Union Government has signed $200 million loan agreement with Asian Development Bank (ADB) for Bihar State Highways III Project (BSHP-III). It will finance widening and upgrading of about...

November 27, 2018

Government inks $105 million loan agreement with ADB for Hydropower Transmission in Himachal Pradesh

Union Government and Asian Development Bank (ADB) have signed $105 million loan to continue financing transmission system upgrades in Himachal Pradesh for increased supply of hydropower to state...

November 17, 2018

Government inks $300 million loan agreement with ADB to support IIFCL

Union Government has inked $300 million Loan Agreement with Asian Development Bank (ADB) to support lending by India Infrastructure Finance Company Limited (IIFCL). The loan will enhance availability...

November 17, 2018

India and ADB sign $169 Million Loan to Provide Water and Sanitation Services in Tamil Nadu

Union Government has inked $169 Million Loan agreement with Asian Development Bank (ADB) for Tamil Nadu Urban Flagship Investment Program. It is first tranche of $500 million multi-tranche...

November 17, 2018

India inks $120 Million Loan agreement with to improve Rail Infrastructure

Government has inked $120 million loan agreement with Asian Development Bank (ADB) for completion of projects to improve Rail Infrastructure along high-density corridors and operational efficiency of Indian...

March 17, 2018

Government inks loan agreement with ADB for Improvement and Expansion of Water Supply in Bihar

The Union Government has inked $84 million loan agreement with Asian Development Bank (ADB) for improvement and expansion of water supply in Bhagalpur and Gaya towns in Bihar....

February 24, 2018

ADB to extend $20 billion loan to India over 5 years

Multi-lateral funding agency Asian Development Bank (ADB) announced that it increase annual funding to India to up to $4 billion from existing $2.7 billion from next year to...

November 28, 2017

Union Cabinet approves new Bridge over Mechi River at India-Nepal border

The Union Cabinet has approved a Memorandum of Understanding (MoU) between India and Nepal for starting construction of a new Bridge over Mechi River at India-Nepal border. The...

August 24, 2017

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